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ClosePrice: | $255,000 |
Property Type: | residential |
MLS #: | 23012278 |
Prime investment opportunity! A 1.698-acre property strategically located along the bustling US Hwy 287 (19) in Elkhart, TX, is up for grabs. The vacant 1,388 sq ft house, featuring a new roof less than two years old. Interior needs work. On the property is a fully occupied storage building spanning 1,000 sq ft, comprising 10 units, each sized at 10'x10' and currently renting for $45/month per unit. With all units spoken for, there is immediate room for increased rental rates, maximizing profitability. The property's versatility shines through, offering expansion possibilities. Currently housing 10 storage units, there is ample space to erect an additional five buildings of the same size, effectively increasing storage capacity. | |
Area: | Anderson |
Year Built: | 1972 |
Square Footage: | 1388 |
Bedrooms: | Three |
Bathrooms: | One |
Garage: | 0 |
Acres: | 1.698 |
Taxes: | $1,222 |
CONSTRUCTION : | Wood Frame |
COOLING : | Window Unit(s) |
DINING AREAS : | Other/See Remarks |
FIREPLACE : | None |
INTERIOR : | Other/See Remarks |
OUTBUILDINGS : | Storage Building(s) |
FENCING : | Chain Link Fence |
POOL/SPA : | None |
KITCHEN EQUIPMENT : | None |
Courtesy: Demuth, Steve • Staples Commercial Group, LLC • 903-266-2900
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 05/14/2024 06:30 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.